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LEASE OPTION AGREEMENT

This LEASE AGREEMENT WITH OPTION TO PURCHASE REAL ESTATE (hereinafter referred to as the “Lease/Option”) is made on this _________ day of ____________________________, 20_______, by and between the following parties: ____________________________________________________________________________ and or nominee. Address: ________________________________________________________________________________ _____________________ Phone: _________________ Fax: _________________ Email: _________________ (hereinafter referred to as the “Tenant/Buyer”); And _________________________________________________________________________________________ Address: ________________________________________________________________________________ _____________________ Phone: _________________ Fax: _________________ Email: _________________ (hereinafter referred to as the “Landlord/Seller”).

In consideration of the mutual promises and covenants herein, the parties hereby agree as follows:

(1) DESCRIPTION: The Landlord/Seller agrees to lease, and the Tenant/Buyer agrees to rent the real Property and improvements, located at: __________________________________________________________________________________________ Legal Description __________________________________________________________________________________________ __________________________________________________________________________________________ (hereinafter referred to as the "Property".) (2) TERM: The term of this Lease/Option shall be for a period of ___________ months commencing on _______________________, 20___, and ending on ______________________________, 20 ____. The term will be automatically extended for __________________ periods of ______________ months, unless the Tenant/Buyer gives notice to the Landlord/Seller of its intent to terminate this Lease/Option, by mailing a written notice to the last provided address of the Landlord/Seller, or until such time as Tenant/Buyer exercises its...